Oleic Acid Market, By Grade (Food, Kosher, Pharmaceutical, Regular), By Sources (Animal, Plant), By Application (Surfactant, Lubricating Agent, Emulsifying Agent, Chemical Intermediate, And Others) By End-Use Industries (Cosmetics, Food, Oil & gas, Pharmaceutical, Rubber, Textile, Others) & Geography- Forecast to 2022
Oleic acid is an unsaturated fatty acid, and is a colourless liquid insoluble in water. Oleic acid is widely distributed in nature and founds its source in plants (avocados, olive oil, table olives, canola oil and others), and animal. Oleic acid is widely used as surfactant for the stabilization of magnetic nanoparticles. Oleic Acid helps in burning fat, ease in diabetes, reduces blood pressure, prevents from ulcerative colitis, and others.
Increasing demand from end-use industries such as food, cosmetics and personal care, and pharmaceuticals are the major driving factor of the oleic acid. Oleic acid found its presence in wide applications which includes soap or skin cream, breads, cakes and pies, soaps and detergents, lotions, creams, lipsticks, skin products, and others. Enhanced blood flow, effective diabetes control, lower fasting glucose and insulin levels, and others are some of the major drivers fuelling the growth of oleic acid market.
The report covers application areas such as surfactant, lubricating agent, emulsifying agent, chemical intermediate, and others. The market is projected to grow at a CAGR of XX.X% during 2017-2022.
The Oleic Acid market is expected to grow in Europe and North America due to the implementation of regulations that promote maximum use of bio-based compounds during the manufacturing of products by governments.
This market research study provides a detailed qualitative and quantitative analysis of the global oleic acid market. Various secondary sources, such as encyclopedia, directories, industry journals, and databases are used to identify and collect information useful for this extensive commercial study of the oleic acid market. The primary sources include experts from related industries and suppliers who have been interviewed to obtain and verify critical information as well as to assess the future prospects of the market.
Competitive scenarios of the top players in the oleic acid market have been discussed in detail. Leading players of this industry with their recent developments and other strategic industry activities are also covered in the report. Companies, such as Berg + Schmidt, E. I. du Pont de Nemours and Company, Eastman Chemical Company, Emery Oleochemicals (M) Sdn Bhd, Klk Oleo Sdn. Bhd., Oleon NV, VVF L.L.C., White Group Public Co.,Ltd, Wilmar International Ltd, and Others.
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